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Senior Notes
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Senior Notes
Senior Notes
In 2017, the Company redeemed, canceled and retired all $200.0 million principal amount outstanding of its 6.375% senior unsecured notes due 2042 at a redemption price equal to 100% of the principal amount. At December 31, 2017, the Company had two senior notes outstanding and their respective principal terms are summarized in the following table:
 
 
2024
Senior
Notes
 
2025
Senior
Notes
Issue date
 
February 2014

 
February 2015

Maturity date
 
February 2024

 
August 2025

Potential Call Date(1)
 
Any Time

 
Any Time

Par value (in millions)
 
$
400.0

 
$
350.0

Call Price(1)
 
As Defined 

 
As Defined 

Stated coupon
 
4.25
%
 
3.50
%
Coupon frequency
 
Semi-annually

 
Semi-annually

__________________________

(1) 
The senior notes may be redeemed at any time, in whole or in part, at a make-whole redemption price plus accrued and unpaid interest.